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Pantheon Resources
(LSE:PANR)
Pantheon Resources (PANR) vs. iShares MSCI United Kingdom ETF (EWC)
Pantheon Resources Business Overview & Revenue Model
Pantheon Resources Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2023 | Jun 2022 | Jun 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 803.69K | 0.00 | 0.00 | 85.31K |
| Gross Profit | -51.40K | 130.40K | 0.00 | 0.00 | 26.66K |
| EBITDA | 92.88K | 4.86M | -15.69M | -8.24M | -3.62M |
| Net Income | -3.27M | -1.45M | -13.95M | -6.67M | -16.98M |
Balance Sheet | |||||
| Total Assets | 266.36M | 309.93M | 298.10M | 194.76M | 161.63M |
| Cash, Cash Equivalents and Short-Term Investments | 16.79M | 20.66M | 57.78M | 5.66M | 4.80M |
| Total Debt | 23.92M | 26.41M | 30.57M | 32.79K | 74.22K |
| Total Liabilities | 37.66M | 37.50M | 58.69M | 6.10M | 7.09M |
| Stockholders Equity | 228.69M | 272.43M | 239.40M | 188.66M | 154.54M |
Cash Flow | |||||
| Free Cash Flow | -2.51M | -59.65M | -46.21M | -28.07M | -7.30M |
| Operating Cash Flow | -2.51M | -11.40M | -941.51K | -3.10M | -5.71M |
| Investing Cash Flow | -31.37M | -47.91M | -47.63M | -24.97M | -1.57M |
| Financing Cash Flow | 45.54M | 22.18M | 100.69M | 28.93M | 10.22M |
Pantheon Resources Technical Analysis
Pantheon Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | £430.74M | -17.47 | -0.10% | 8.66% | 38.03% | 94.56% | |
61 Neutral | £192.81M | -8.32 | 0.66% | ― | -32.66% | 72.67% | |
58 Neutral | £363.49M | -0.47 | -24.56% | 4.36% | -18.05% | -634.88% | |
55 Neutral | £160.52M | 94.53 | -11.54% | ― | -0.20% | -25.68% | |
51 Neutral | £154.16M | 44.55 | -1.81% | ― | -100.00% | -84.62% | |
44 Neutral | £224.42M | -4.39 | -92.03% | ― | -16.87% | 21.18% |
Pantheon Resources Corporate Events
Pantheon Resources has overhauled its board, naming veteran financier and major shareholder Lord Michael Spencer as chairman and appointing former Hilcorp Alaska senior vice president David Wilkins as a non-executive director following its 12 March AGM. Outgoing chairman David Hobbs and non-executive director Jeremy Brest are stepping down, following a period of weaker-than-expected progress that Hobbs said required “new energy” to maximise the value of the group’s Alaskan assets.
Spencer, who built ICAP into a FTSE 100 broker and now invests via family office IPGL, said Pantheon’s asset quality is not reflected in its depressed share price and pledged to work with CEO Max Easley and the refreshed board to unlock value from its resources and acreage. The company also confirmed it will pause further material well operations while multiple potential partners review data in its farm-in process, stating that existing funds are sufficient to cover activities through the end of 2026, which may ease near-term funding concerns but places greater emphasis on securing a strategic transaction.
The most recent analyst rating on (GB:PANR) stock is a Sell with a £8.00 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources plc has announced that senior non-executive director Linda Havard has stepped down from its board effective 5 March 2026 and will not seek re-election at the upcoming AGM. The board highlighted her leadership of the Finance, Audit and Risk Committee and her role in strengthening financial governance and reporting, underscoring her importance in shaping oversight as the company advances major Alaskan oil and gas developments.
The departure comes as Pantheon continues to progress its Ahpun and Kodiak projects on Alaska’s North Slope, which hold large independently certified contingent resources and benefit from access to existing infrastructure. While no immediate replacement was named, the change in board composition may be closely watched by investors given the scale of Pantheon’s planned developments and the emphasis on disciplined financial oversight for its capital-intensive strategy.
The most recent analyst rating on (GB:PANR) stock is a Sell with a £8.00 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources outlined arrangements for its 12 March virtual AGM, which will be followed by a public investor webinar, and confirmed a governance reshuffle with Executive Chair David Hobbs moving to a non-executive role and director Allegra Hosford Scheirer stepping down. The board changes signal a shift from exploration-led oversight toward engineering execution as the company advances its North Slope development plan.
Operationally, Pantheon has begun seismic reprocessing over the north-western part of its Kodiak project, updip of the Theta West-1 discovery, and is preparing for a potential Theta West-2 appraisal well subject to funding and permits. The company will also showcase its projects at the NAPE 2026 expo, underscoring efforts to attract industry partners and capital as it seeks to progress major Alaskan oil and gas developments.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources corrected its AGM notice to confirm the meeting will occur on Thursday 12 March 2026 at 3:00 pm GMT, with in-person attendance in Houston and remote access via Computershare, and will pair the formal session with a subsequent investor presentation and Q&A webinar open to broader participants; further logistical details and proxy materials will soon follow.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources has scheduled its Annual General Meeting for 12 March 2026, to be held in person at its Houston office and remotely, with full live voting available to all registered shareholders. The formal AGM will be followed by a separate, publicly accessible investor presentation and Q&A webinar, with detailed arrangements and the Notice of AGM, proxy materials, and online access information to be circulated to shareholders shortly and made available on the company’s website.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources has raised $10 million via a conditional placing of 106.2 million new shares at 7.0 pence each to fund the planned resumption of flow testing at its Dubhe-1 well in the Ahpun project and to reprocess seismic data over the Kodiak structure. The funding is intended to support further appraisal of an estimated 282 million barrels of contingent liquids in the Shelf Margin Deltaic reservoir within Greater Ahpun, underpin a gas offtake agreement with the State of Alaska, enhance seismic imaging over Kodiak’s independently assessed 1.2 billion barrels of contingent recoverable liquids, and strengthen Pantheon’s negotiating position in ongoing farm-out discussions, while extending group working capital visibility to the fourth quarter of 2026.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £8.50 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources reported a significantly reduced comprehensive loss of $5.0 million for the year to 30 June 2025, supported by $64 million of new funding during the year and a further $46.25 million raised post year-end, bolstering liquidity and enabling the full repayment of its Heights convertible bond by December 2025. Operationally, the company advanced its North Slope development programme with the drilling of the Megrez-1 exploration well and Dubhe-1 appraisal well at the Ahpun reservoir, continued planning and permitting work on its large certified resource base, strengthened its leadership team with a new CEO, CFO and Chief Development Officer, and deepened engagement on the proposed Alaska LNG project as it positions for potential transition from appraisal to development, with implications for future production, infrastructure access and long-term value creation for shareholders.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £22.50 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources has updated shareholders on 2025 progress and the Dubhe-1 development well, stressing that while Dubhe-1 has not yet delivered the production levels sought, it has confirmed mobile hydrocarbons and generated valuable data to refine its development plan, particularly for the Ahpun reservoir. The company has paused costly winter testing after recovering about half of the injected stimulation fluids from Dubhe-1, framing the move as disciplined capital management rather than reduced confidence in the resource base, and plans to resume more cost-effective testing in the spring alongside an accelerated appraisal program at its world-class Kodiak field, under a strengthened leadership team brought in to sharpen technical rigor and capital efficiency.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £22.50 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources has rescheduled its investor webinar to 22 December 2025 to discuss updates and future plans with both existing and potential stakeholders. This move reiterates its commitment to transparency and engagement as it develops its Alaskan oil fields while aiming for sustainable growth and market value enhancement.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £22.50 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources announced the final repayment of its unsecured convertible bonds through the issuance of new shares, effectively reducing the principal outstanding to nil. This strategic move strengthens the company’s financial position as it continues to focus on the development of its oil fields in Alaska. Additionally, the company plans to host a webinar on December 23, 2025, to update shareholders on the progress of the Dubhe-1 well, which remains in the cleanup phase. This engagement reflects Pantheon’s commitment to transparency and stakeholder communication as it advances its appraisal efforts.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £22.50 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.
Pantheon Resources announced the retirement of Jay Cheatham, a Non-Executive Director and former CEO, as part of its succession plans. Cheatham’s leadership has been pivotal in shaping the company over 17 years. His departure marks a significant transition for Pantheon, which continues to focus on its strategic objectives of developing the Ahpun and Kodiak fields, aiming for financial self-sufficiency and leveraging its competitive advantages in Alaska’s oil and gas sector.
The most recent analyst rating on (GB:PANR) stock is a Hold with a £22.50 price target. To see the full list of analyst forecasts on Pantheon Resources stock, see the GB:PANR Stock Forecast page.